ONTARIO, Calif. — CUDL has completed dealer management system (DMS) integration of its lending system with Open Dealer Exchange, along with the DMS offerings of ODE’s parent companies ADP and Reynolds and Reynolds.
As a result of the integration, CUDL offers direct credit application integration for ADP and Reynolds and Reynolds users from their DMS directly to the CUDL lending system. With the direct connection from Open Dealer Exchange, CUDL has improved processing efficiencies for their credit union partners and members.
“The success of any new dealer-facing solution is measured by those whom are intended to use it — the dealers,” said Steve Luyckx, general manager of ODE. “The ODE–CUDL relationship is delivering workflow solutions that enable efficiencies to many lenders who in turn service many more dealers.”
The integration between CUDL and ODE provides dealers with the unique ability to send application data to CUDL from their DMS, as well as be able to send application data from CUDL back to their DMS. As a result, the marketplace now has a solution that provides true two-way integration capabilities, eliminating double entry of application data, and further streamlining the entire application process for both dealers and credit unions using the CUDL system.